Singapore boutique Covenant welcomes construction disputes veteran
Singapore law firm Covenant Chambers has appointed construction and engineering disputes expert Edwin Sim as a director.
Hunton Andrews Kurth adds Tokyo energy partner from White & Case
Hunton Andrews Kurth has hired energy and infrastructure expert Kristian Bradshaw as a partner in Tokyo from White & Case, where he was a local partner, Bradshaw announced in a LinkedIn post.
AZB, STB act on OYO’s $525 mln U.S. bet
AZB & Partners has acted for Oravel Stays, the parent of e-hotelier OYO, on its proposed $525 million acquisition of U.S. motel operator G6 Hospitality from PE fund Blackstone. Simpson Thacher & Bartlett acted for Blackstone on the deal.
Khaitan, CAM, Links act on Samvardhana Motherson’s $771 million QIP
Khaitan & Co has advised Samvardhana Motherson, one of the world’s largest suppliers of automotive components, on its recent $771 million fundraise through a qualified institutional placement (QIP)
HK: Hogan Lovells picks up partner duo from exiting Dechert
Anglo-American law firm Hogan Lovells has expanded its Hong Kong office with the addition of partners Maria Sit and Michael Wong and three associates from Dechert, which is set to close its Hong Kong operations.
Singapore: SH hires energy transition team from Penningtons
Stephenson Harwood has expanded its energy transition practice with the addition of a three-member team in Singapore from Penningtons Manches Cooper, led by partners Nick Dingemans and John Zadkovich.
Thailand: Tilleke brings on cap marks, tax partners from Deloitte, Kudun
Tilleke & Gibbins, Thailand’s largest law firm, has added Patcharaporn Pootranon and Saravut Krailadsiri as Bangkok-based partners in its capital markets and tax practices, respectively.
INDONESIA: Nickel All the Way
Nickel companies are a driving force behind what is being seen as a record year for public listings in Indonesia, with the listings pointing to the opportunities in the country's blossoming nickel industry. And this is keeping both mining and capital markets lawyers busy.
CRYPTO: Seeking a Balance
The year 2022 was a catastrophic one for the global crypto industry, with the collapses of the FTX Group and the Terra Luna ecosystem, as well as the bankruptcies of crypto lenders Celsius Network and Blockfi, and crypto hedge fund Three Arrows Capital, among the factors that wiped out some $2 trillion from the market. However, Asian jurisdictions like Singapore, Hong Kong and Japan have been realistic in acknowledging that crypto isn’t going away any time soon. Instead, they seek to strengthen cryptocurrency regulations and maintain their balancing act in attempting to minimise speculative and compliance risks.
Greenberg Traurig expands in Tokyo with Orrick real estate duo
The Tokyo office of U.S. law firm Greenberg Traurig has hired real estate lawyers Yuko Ino and Koh Ueda as shareholder and of counsel, respectively, from Orrick, Herrington & Sutcliffe. Ino was previously head of Orrick’s Tokyo real estate team.